Mullen Drive, Ryton, NE40

Street Guide For Mullen Drive, Ryton, NE40

 
 

Mullen Drive, Ryton, NE40 Map

Estimated Price: £192,351
Average Asking Price: £172,238
Price change in last one year: £9,079
Average Price Paid: £210,000
Average Rent Rates: £524

Gilmore Estates Ltd
81 Front Street, Prudhoe ,Northumberland, NE42 5PU

Free House valuation

 

Property Prices Breakdown in Mullen Drive, Ryton, NE40

Average Price for property in Mullen Drive, Ryton, NE40 is around £192,351 which varies based on type of property you are interested in and ranges from £221,246 for detached house to around £206,429 for semi-detached. Similarly flat is around £84,180. Values have been changing and have risen £273 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,647 in last 6 months, £9,079 in last 1 year, £13,896 in last 2 years, £17,662 in last 3 years, £10,060 in last 4 years and £7,636 in last 5 years.

Currently average asking price of a property in Mullen Drive, Ryton, NE40 is around £172,238 based on approximately 0 properties for sale. Same is the case with rental options based on 32 properties up for rent, average asking rent is around £524 per month.

Estimated property value in Mullen Drive, Ryton, NE40 is £192,351. Average asking price is £172,238 while average price paid is £210,000 which is up by £17,662 and Avg. asking rent £524.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Mullen Drive, Ryton, NE40 area. In last 3 years alone average price buyer paid is around £210,000 based on approximately 1 sales in Mullen Drive, Ryton, NE40 area alone. If you compare it to last 5 years sales of 1 properties where buyers paid around £210,000. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £242,500 for 2 per sale.

 
 
 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £90,000, £118,440 for a 2 bedroom house, £175,572 for a 3 bedroom house, £301,402 for a 4 bedroom house and £376,250 for a 5 bedroom house. For a flat similarly the prices varies from £66,975 for a single bedroom to £91,225 for a 2 bedroom Flat. To sum up the asking prices for properties in Mullen Drive, Ryton, NE40 it comes to around average £71,580 for 1 bedroom property, £117,113 for 2 bedroom, £175,572 for 3 bedroom, £301,402 for 4 bedroom and £376,250 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £394 for 1 bedroom to £491 for 2 bedroom and £624 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £351. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £498. You should be generally be expecting around average £372 rent per month for single bedroom property, £491 for 2 bedroom and approximately £624 for 3 bedroom property in Mullen Drive, Ryton, NE40 area.

Popular Houses in Mullen Drive, Ryton, NE40

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Mullen Drive, Ryton, NE40